Main Street Registry

Villa Gennaros

Edison, NJ · Full-Service Restaurants · NAICS 722511

Villa Gennaros is a full-service restaurant business in Edison, New Jersey, classified under NAICS 722511. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,278,000, approved on May 19, 2026 by Bankwell Bank.

SBA 7(a) loan, change of ownership, approved May 19, 2026

$1,278,000 approvedLender: Bankwell Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,278,000
SBA-guaranteed amount
$958,500 (75% of the approval)
Lender
Bankwell Bank, New Canaan, CT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
May 19, 2036 (estimated, approval date plus term)
Estimated monthly payment
$16,537 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Middlesex County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 65% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in New Jersey: $1,626,307.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in New Jersey